and the democrats to spend while reining is in. >> i'm not sure how effectively they use it. 517 days ago and that's why we're in the mess we are in. >> i want to show you marginal tax rates around the world. highest tax rate people pay on the marginal money they earn. when we talk about increasing taxes, we talk about increasing it above a threshold. the united states is not the highest on the list. the united kingdom is on this list and this isn't all the countries out there. both canada and germany have higher marginal tax rates than the yits does. germany and canada have borrowing rates about the same as the united states and have higher home ownership rates. they have health care and education paid for. great life satisfaction in those places and strong economies. what's the argument if we increase the tax rates on the richest americans, we're somehow going to have economic catastrophe. >> ali, as you know when people pay taxes, they not only pay it at the individual level, but capital gains and other taxes, first you earn money and then you invest it in companies and if you take